LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

A descent downwards to the next support at 93.870000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 98.320000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

96.880000000 – 95.310000000 – 94.060000000 – 93.870000000 – 90.750000000 – 92.460000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Two Crows – Double bottom retreat down